1962 History/Videos

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1962 Cars continued to evolve as more compacts
appeared and sold well in the US. The Cold War continued to worsen when
the Russians placed Ballistic Missiles on Cuban land just 90 miles away
from the coast of Florida and JFK called the bluff by threatening war
unless they were removed which they were but for a short time the world
was on the brink of nuclear war and self destruction. The president then
set a goal of landing a man on the moon before the end of the decade and
became more involved in politics in Southeast Asia by training South Vietnamese
pilots. Folk music was evolving into protest music thanks to young artists
like Bob Dylan and the birth of Surfing music by the beach boys grew in
popularity meanwhile in England the Beatles record the single "Love
Me Do". The new hit on TV for that year was "The Beverly Hillbillies"
and the first of the James Bond movies "Dr No" was an instant
success, some of the other movies released included "Spartacus"
and "El Cid".

Cost of Living 1962

How Much things cost in
1962
Yearly Inflation Rate USA 1.20%
Year End Close Dow Jones Industrial Average 652
Average Cost of new house $12,500.00
Average Income per year $5,556.00
Average monthly rent $110.00 per month
Tuition to Harvard University $1,520.00
All Wheel Drive Scout off road $2,150.00
Renault Imported car $1,395.00
Average Cost of a new car $3,125.00
Eggs per dozen 32 cents
Gas per Gallon 28 cents
New Ford Cortina $591.00

What Events Happened in 1962

Cuban Missile Crisis
when USSR plans to deploy Missiles in Cuba brings the world to the brink
of world war, the US blockades Cuba and the USSR agrees to Soviet Silos

Heavy storm flood on Germany's
North Sea coast, mainly around Hamburg, more than 300 people die,
thousands losing their homes

A U.S. embargo ordered
by President Kennedy goes into effect on all imports from Cuba
including tobacco, seafood, fruits and vegetables

Brazil beat Czechoslovakia
3-1 to win the 1962 World Cup

The first US rocket Ranger
IV lands on the moon

First ever flavored Chips
sold Salt and Vinegar

Marilyn Monroe is found
dead after apparently overdosing on sleeping pills

The First Wal-Mart discount
store is opened by by Sam Walton in Bentonville Arkansas

The United Nations
General Assembly passes a resolution condemning South Africa's racist
apartheid policies and calls for all UN member states to cease military
and economic relations with the nation

Burundi Gains Independence
From Belgium

Oral Polio Vaccine developed
by Albert Sabin given to millions of children to combat Polio

Algeria Gains Independence
From France

Jamaica Gains Independence
From Great Britain

Brazil wins the 1962 World
Cup in Chile

Popular Culture 1962

Beatles Turned Down By Decca Records
Release of first Beatles recording: the single "Love Me Do"

Andy Warhol's famous painting of a can of
soup

Beverly Hillbillies is on TV

The Dick Van Dyke show on TV

Popular Films

West Side Story

Spartacus

El Cid

Lawrence of Arabia

To Kill a Mockingbird

Popular Singers

The Beatles

Bob Dylan

Chubby Checker

Frankie Valli & The Four Seasons

Neil Sedaka

Roy Orbison

Shirley Bassey

Technology 1962

12 European countries form European Space
Agency

Telstar relays the first live trans-Atlantic
television signal

US Airforce investigates using lasers to intercept
missiles

90% of US households own a Television Set

Britain and France agree to develop the Concorde

The first use of silicone breast implants
by Houston plastic surgeons

Inventions Invented by Inventors and Country
( or attributed to First Use )